Tag: Export Promotion Capital Goods

The EPCG Scheme, or Export Promotion Capital Goods Scheme, is a government mandate intended to promote exports and assist Indian manufacturers in expanding their business operations. This scheme allows duty-free imports of capital goods or machinery used for pre-production, post-production, or manufacturing processes. Several complex procedures are involved in...

EPCG consultants and its benefits- Export Promotion Capital Goods Scheme, aka the EPCG scheme, is a tax incentive designed to boost India’s industrial competitiveness by encouraging the import of capital goods required to manufacture high-quality goods and services in India accurately. There is permission to import capital goods at...

The EPCG Scheme‘s main purpose is to provide capital goods that facilitate producing and selling of high-quality goods and services. Capital goods are necessary raw materials for the establishment of an industry. The Scheme allows for zero custom duty on imports of capital goods, such as machinery, that are...

Hey, in our previous blogs, we discussed the EPCG scheme, and we generally take EPCG license to import Duty-free Capital goods (i.e. Machinery). Do you know Capital goods can also be procured indigenously (locally) under the EPCG scheme? Let’s see how to procure Machinery under the EPCG scheme locally:...

Exporters can import capital goods at zero duty under the EPCG plan in exchange for a six-year export obligation (EO) worth six times the duty saved. At least 50 percent of the EO must be completed during the first four years. The regulations allowing the exporter to apply for...

Introduction Today, we are going to ponder over the amendments that in chapter 5 of the “Exports Promotion Capital Goods” EPCG Scheme. You can give a quick read to the Para 5.15, 5.19A, 5.22 (a) and (b) of Chapter 5 in the EPCG Scheme of the Handbook of Procedures...

Introduction If you want to be a person who knows it all about the Exports Promotion Capital Goods (EPCG) Scheme especially if you want to learn how to reduce compliance burden and enhance the ease of doing business, then you must refer to the amendments present in chapter 5...

Introduction Hey, my friend today we will spill the beans on the Exemption from maintenance of average export obligation (AEO) and Relief in average export obligation (AEO). To get a better picture of the exemption and relief from maintenance of AEO, we will have to understand how to calculate...

Introduction If you closely look at Para 5.20 of the Handbook of Procedures (HBP) 2015-20 you will obtain a crystal image of the Automatic export obligation extension in the event of a ban on the export product. Make sure that you are all able to get a good grip...

Introduction Under the Export Promotion Capital Goods (EPCG) Scheme, the authorisation holder shall be maintaining a proper record of the Specific export obligation and average export obligation. The authorization holder should fulfill’ s the specific export obligation over the prescribed block period in the following proportions: When we talk...